More on Me + Em – Page 238
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AnalysisCustomer 2024: Three trends shaping the digital strategies of H&M, Nike, Ikea and more
As customer expectations continue to rise, retailers must make every online touchpoint count. Building on consumer research, we explore where retailers are already investing to stay ahead of the curve – and what trends will stick.
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NewsRetail footfall ‘steadied’ by Black Friday shoppers
Footfall across all UK retail destinations in November edged up as Black Friday helped to “steady the month”, according to the latest MRI Software data.
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InterviewThe Works boss Gavin Peck on revamping stores to win new customers
Variety retailer The Works is on a transformational journey under chief executive Gavin Peck, revamping its store estate from jumbled, “Aladdin’s caves” into spaces focused on offering something for every member of the family.
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NewsEG Group sale of UK business to Asda eases debt burden
EG Group said the sale of its UK operations to Asda brought its total debt repayments in 2023 to $4bn, “significantly reducing the group’s net leverage.”
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NewsMytheresa profits slip as luxe fashion demand slows
Luxury fashion retailer Mytheresa posted an increase in sales despite a slip in profits during the quarter as demand by its “aspirational customers across all geographies” slowed.
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Opinion‘Wilko was killed by inertia, not Liz Truss’ chaotic mini-budget’
’Retail is detail’ must be one of the oldest mantras in the industry but, sadly, Lisa Wilkinson wasn’t across it.
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NewsGreggs serves up ‘fine dining bistro’ in Fenwick flagship
Snacks specialist Greggs, famous for its sausage rolls and steak bakes, is to open a “fine dining bistro” in department store group Fenwick’s Newcastle flagship.
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GalleryWHSmith unveils its biggest UK store yet at Birmingham airport
WHSmith has opened its flagship store in Birmingham airport, the largest UK store in the company’s portfolio.
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NewsDeliveroo teams up with Screwfix for DIY rapid delivery
Deliveroo has made a significant foray into non-food categories with the launch of ‘Deliveroo Shopping’.
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NewsPrimark to open new stores in Italy
Primark has announced it will invest more than €50m (£43.3m) into its Italian business and open five new stores as part of its international expansion push.
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NewsCMA finds branded suppliers have ‘raised prices more than their own cost increases’
The Competition and Markets Authority (CMA) has found that branded suppliers have “raised prices more than their own cost increases” in its updated review of competition in the grocery sector.
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NewsHalfords delivers sales and profit growth despite ‘volatile trading environment’
Halfords has posted an increase in sales across its retail and autocentres categories as well as a rise in profit.
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AnalysisTikTok Shop: three retailers nailing social commerce
Over 1.5 million UK businesses are now on the TikTok app, and the brand reports that the number of merchants joining its ecommerce platform is growing “rapidly”. We spoke to three social-savvy businesses that have made a success of it.
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NewsAmazon opens first ‘Second Chance’ charity store
Retail giant Amazon has opened its first Second Chance Store in central London, offering customers a range of “quality returned products”.
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NewsPets at Home to launch 'step change' app and website
Pets at Home is to unveil an upgraded app and website in the new year that will deliver a “step change” as the retailer burnishes its omnichannel credentials.
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NewsMade opens first bricks-and-mortar store since Next takeover
Made.com has opened its first bricks-and-mortar store since being acquired by Next last year, marking its return to the high street.
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NewsShein aims for New York Stock Exchange listing
Fast-fashion giant Shein is understood to be gearing up for a stock market float in the US as it reportedly filed “confidential paperwork” for an initial public offering.
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NewsWilko chair blames retailer’s collapse on Truss mini-budget
Former Wilko chair Lisa Wilkinson has laid out the issues that led to the collapse of the retailer, including pointing to former prime minister Liz Truss’ mini-budget for driving up interest rates.
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DataFashion retail leaders predict what future consumers will want to buy
Leaders and product bosses from New Look, The Very Group, Matalan, Bam, N Brown, Secret Sales, Fat Face and Seasalt reveal the products and trends they expect to be big news over the next three years